KARL STORZ Leadership Development

KARL STORZ Leadership Development Program

Company Overview

The KARL STORZ Leadership Development Program is sponsored by KARL STORZ Endovision, Inc. KARL STORZ Endovision, Inc. is an affiliate of KARL STORZ GmbH & Co. KG, an international leader for over 60 years in reusable endoscope technology, encompassing all endoscopic specialties. Based in Tuttlingen, Germany, KARL STORZ GmbH & Co. KG is a family-owned company that designs, engineers, manufactures and markets all its products with an emphasis on visionary design, precision craftsmanship and clinical effectiveness. KARL STORZ has local offices in Charlton, North Attleboro, and Southbridge, Massachusetts.

Goals of the Program

The vision of the KARL STORZ Leadership Development Program is to aid undergraduate students in acquiring and developing leadership skills that will help them be successful in their first five years in industry.

Participants will have the opportunity to develop leadership skills that will position them to be well prepared for success and rapid career growth. This opportunity is one that most professionals typically do not receive until well into their careers. Participation in the KARL STORZ Leadership Development Program can help provide concrete evidence of leadership experience to future employers.

Stipend

Actively taking part in this program is considered a valued job; therefore, students earn a $1,000 stipend per year if they meet the program requirements. Half of the stipend is paid at the end of the summer portion and the other half is paid at the conclusion of the program.

Learning Modules

There are five learning modules that provide the basis for the program. The topics are the following:

Customer Focus – In this module participants will learn the importance of customer focus and critical strategies that allow for building lasting relationships with both internal and external customers.

Business Acumen – The focus of this module will be on building participant’s business intelligence, as it relates to financials, manufacturing methods, and regulatory compliance.

Continuous Improvement – Participants will gain an understanding of Operation Excellence and how the application of different improvement methodologies such as Lean, Six Sigma, A3 Thinking, Root Cause Analysis, and hands on problem solving can increase performance.

Team Building and Virtual Collaboration – Through an increased awareness of cultural, organizational, and personal diversity, participants will learn how they can develop themselves and their teams to achieve greater success.

Leading Change – Participants will learn techniques for successfully leading change and gain an awareness of different leadership styles and how to be a leader, not just a manager.

Project and Additional Areas

In addition to the five training modules, the KARL STORZ Leadership Development Program will be supplemented with a project, book reads and virtual discussion groups, Career Development Center programming, and other leadership programming provided by the university. Participants will have the opportunity to apply what they learned in the program to lead small groups of KARL STORZ employees in a project relevant to the company. In addition, participants will receive performance feedback, interview coaching, and resume critiquing in preparation for their career search.

Required Program Dates

The KARL STORZ Leadership Development Program will begin in D term 2014 and continue through C term 2015. Program activities will take place at WPI, KARL STORZ Charlton, and online during the summer months.

D Term 2014 Program Kickoff Dinner at WPI - Wednesday, April 30 from 6:00-7:30pm

May-August 2014
Five WebEx sessions to discuss required book readings - TBD dates in the evening - based on students' schedules
Social Night - Wednesday, August 27 (day before A Term begins)
KARL STORZ company tour - Date TBD

A Term 2014 – C Term 2015 The Wednesday program sessions will take place from 6:00 p.m. – 9:00 p.m. Below are the required dates*:

A Term 2014 • September 3, 2014
• September 17, 2014
• October 1, 2014